Summary: H.R.2428 — 97th Congress (1981-1982)All Information (Except Text)

There is one summary for H.R.2428. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/10/1981)

Amends the Internal Revenue Code to allow a income tax credit for the purchase of a model year 1979 or later highway vehicle which is manufactured in the United States and is purchased by the taxpayer after May 31, 1980 and before June 1, 1981. Limits the amount of such credit to $500 or $750 in the case of a certified high fuel efficiency vehicle.